Britain’s beleaguered new prime minister weathered a protest during her set-piece annual speech to deliver an uncompromising message.
Tag: Economic Conditions and Trends
What Does Sustainable Living Look Like? Maybe Like Uruguay
No greater challenge faces humanity than reducing emissions without backsliding into preindustrial poverty. One tiny country is leading the way.
UK Prime Minister Liz Truss Drops Plan to Cut Tax Rate on High Earners
The announcement was a major capitulation by Prime Minister Liz Truss’s government after the tax cuts it announced roiled financial markets and drew widespread criticism.
Truss, in Reversal, Drops Plan to Cut U.K. Tax Rate on High Earners
The announcement was a major capitulation by the government after tax cuts it announced roiled financial markets and drew widespread criticism.
Iran Protests Fueled by Sickly Economy
The country’s long economic decline has been one of the main forces sending Iranians into the streets over the past two weeks to demand change.
Zambia and Its New President Are Still on Their Honeymoon
Hakainde Hichilema is hailed as a miracle worker for turning around the fortunes of the southern African country. But with his opposition neutralized and a corruption drive focused on his predecessors, some are uneasy.
Truss Takes a Bold Economic Gamble. Will It Sink Her Government?
Three weeks into her term, Prime Minister Liz Truss’s financial plans have thrown the markets and Britain’s currency into chaos and put her future in peril.
Keir Starmer Accuses Liz Truss of Losing Control of Britain’s Economy
Under the governing Conservatives, the markets are down and the pound is under pressure. On Tuesday, Keir Starmer, the Labour leader, staked his claim as the guardian of sound fiscal policy.
Democracy Under Siege From Autocrats, Social Media and Its Own Failures
Authoritarianism is on the rise, even in Europe, and the “new world disorder” is messier than a simple fight between democracies and autocracies.
U.K. Government Goes Full Tilt on Tax Cuts and Free-Market Economics
The new administration’s plans are a break from the Boris Johnson era and represent a turn toward Thatcherism. The negative reaction from financial markets underscored the extent of the gamble.